Podcast
Questions and Answers
Which of the following is an example of an ethical and social responsibility force mentioned in the text?
Which of the following is an example of an ethical and social responsibility force mentioned in the text?
- Counterfeit products
- Exchange controls
- Pollution
- Payoffs and bribes (correct)
What can make it difficult for companies to export their products in global markets?
What can make it difficult for companies to export their products in global markets?
- Nontariff barriers (correct)
- Pollution
- Differences in ethical standards
- Free trade zones
What is the purpose of establishing trade barriers by countries?
What is the purpose of establishing trade barriers by countries?
- To track down counterfeit products
- To establish free trade zones
- To maintain a favorable balance of trade (correct)
- To eliminate pollution
Which environmental factor is mentioned as a challenge in tracking down counterfeit products?
Which environmental factor is mentioned as a challenge in tracking down counterfeit products?
What can affect the economic feasibility of exporting to a country?
What can affect the economic feasibility of exporting to a country?
Political, legal, and regulatory forces are independent and do not impact each other.
Political, legal, and regulatory forces are independent and do not impact each other.
Free trade zones eliminate all trade barriers, including tariffs.
Free trade zones eliminate all trade barriers, including tariffs.
Counterfeit products are not a challenge in tracking them down.
Counterfeit products are not a challenge in tracking them down.
What are some examples of nontariff barriers that make it difficult for companies to export their products?
What are some examples of nontariff barriers that make it difficult for companies to export their products?
What are some examples of ethical and social responsibility forces mentioned in the text?
What are some examples of ethical and social responsibility forces mentioned in the text?
What are some examples of environmental forces mentioned in the text?
What are some examples of environmental forces mentioned in the text?
Global markets face exchange controls, free trade zones, and ______ barriers that make it difficult for companies to export their products.
Global markets face exchange controls, free trade zones, and ______ barriers that make it difficult for companies to export their products.
Ethical and social responsibility forces include payoffs and bribes, the Foreign Corrupt Practices Act, and differences in ethical ______.
Ethical and social responsibility forces include payoffs and bribes, the Foreign Corrupt Practices Act, and differences in ethical ______.
Counterfeit products and legal barriers make it challenging to track ______ down.
Counterfeit products and legal barriers make it challenging to track ______ down.